Question by rachael4581: How do I write a letter of appeal to wage garnishment for repayment of student loans?
Specifically I require a format and wording to use. I was informed in writing that my wages would be garnished for failure to repay student loans. I am filing an appeal citing the reality that 15% garnishment of my income would lead to monetary hardship for my loved ones. But I have no concept where to begin to write the appeal.
Thanks in Advance!
Answer by Schris
To be honest with you, The U.S. Department of Education or any other student loan agency does not care. As lengthy as you are generating funds, they can take a little from your check to pay back the loan. They will get the funds one way or another. I honestly feel appealing will not solve this difficulty. You may will need to consolidate those student loans and PAY them every month. Advise them what you make and your monetary hardship and possibly they will function with you on your monthly payment. If you decide to consolidate and still discover it challenging to pay you require to sat something up for a forebearance or deferment. By consolidating, this will assist improve your already ruined credit.
Check with a firm that consolidates defaulted loans (William D. Ford is a great one).
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Category: Garnishment Questions